Home
Dubai prices
About
Research
2-bed · 1,043 sqftMAG 318 Tower, Business Bay · 19th floor · completed 2020

1924, MAG 318 Tower

Sold prices and rental history: sold twice, last in March 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1924 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 2M18 March 2025
Current rentAED 150K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 1924

Property timeline for 1924, MAG 318 Tower

What is 1924 worth today?

Last sold for AED 2,000,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Nov 2026RentedNew contract
AED 150,000/yr12 months · AED 144 per sqft
18 Mar 2025SoldReady
AED 2,000,000AED 1,917 per sqft
15 Sep 2021RentedNew contract
AED 100,000/yr12 months · AED 96 per sqft
6 Sep 2020Sold by developerOff-plan
AED 2,009,643AED 1,926 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
2-bed apartment
Size
1,043 sqft
Floor
19th of 22
Parking
B2-57
Developer
MAG
Completed
2020
Service charge
AED 24,100 /yr
Last sold
AED 2M · March 2025
Building
MAG 318 Tower

About 1924, MAG 318 Tower

1924 is a two-bedroom apartment of 1,043 sqft on the 19th floor of MAG 318 Tower, a 22-storey tower in Business Bay completed in 2020 by MAG. It last sold on 18 March 2025 for AED 2,000,000, or AED 1,917 per sqft, 6% below the AED 2,032 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 November 2026, is AED 150,000 a year: a gross yield of 7.5% on the 2025 price, before the service charge of about AED 24,100 a year.

Sales and rents for 1924 over time

Sales
Unit 1924, each saleTypical two-bed in MAG 318 Tower
1.5M2M2018202120242027Typical sale price by year: 2018 AED 1,781,294; 2019 AED 1,782,000; 2020 AED 2,250,000; 2021 AED 1,855,087; 2022 AED 1,357,005; 2024 AED 2,120,000; 2025 AED 2,100,000; 2026 AED 2,000,000Sold by developer, September 2020: AED 2,009,643 (AED 1,926 per sqft)Sold, March 2025: AED 2,000,000 (AED 1,917 per sqft)

1924 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1924, each contractTypical two-bed in MAG 318 Tower
100K125K150K2021202320252027Typical rent by year: 2021 AED 100,000; 2022 AED 120,000; 2023 AED 125,000; 2024 AED 143,000; 2025 AED 145,000; 2026 AED 136,764New contract, September 2021: AED 100,000 a yearNew contract, November 2026: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in MAG 318 Tower, and where 1924 sits

All 75 2-beds →

1924 last sold in March 2025 at AED 1,917 per sqft, 6% below what two-beds in MAG 318 Tower were fetching at the time (AED 2,032). Over the last 12 months two-beds sold for AED 2,000,000 to 2,800,000, around AED 2,068 per sqft, and rent for AED 85,000 to 166,000 a year. 1924's AED 150,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
16 Sep 20262,000,000
14 Sep 20262,800,000
12 Feb 20262,000,000
29 Aug 20252,250,000
3 2-bed sales in the last 12 months

MAG 318 Tower

Building

439 apartments, studios to 2-bed over 22 floors in Business Bay, completed in 2020 by MAG. 27 sold in the last 12 months.

Typical price per sqft
AED 2,286 Down 5.7%
Typical sale
AED 1.08M
Typical rent
AED 79K /yr
Typical yield
6.1%
MAG 318 Tower, Business Bay: prices, sales and rents →

Other units on the 19th floor

All 439 units in MAG 318 Tower
Value
19011-bedAED 1.35M · Sep 2021
19022-bedAED 1.88M · Jan 2021
1903StudioAED 774K · Jun 2018
1904StudioAED 809K · Jan 2018
1905StudioAED 760K · Sep 2018
1906StudioAED 1.08M · Dec 2020
1907StudioAED 890K · Jan 2023
1–7 of 23

1924, MAG 318 Tower in numbers

  • Sold twice: first on 6 September 2020 for AED 2,009,643, last on 18 March 2025 for AED 2,000,000 (AED 1,917 per sqft).
  • Rented since September 2021 on 2 Ejari contracts, from AED 100,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2025 price is 7.5%, before a service charge of about AED 24,100 a year (AED 23.06 per sqft).
  • Two-beds in MAG 318 Tower sold for AED 2,000,000–2,800,000 in the 12 months to November 2026; the building's median across all types is AED 2,286 per sqft.

Source: Dubai Land Department. Updated 1 November 2026.

Questions about 1924, MAG 318 Tower

What did unit 1924 last sell for?

AED 2,000,000 on 18 March 2025: AED 1,917 per sqft for 1,043 sqft. The unit has 2 registered sales; the first was AED 2,009,643 in September 2020.

What is the rent for unit 1924?

AED 150,000 a year on the contract signed on 1 November 2026. The previous contract, from September 2021, was AED 100,000.

How big is unit 1924?

1,043 sqft (96.9 sqm): a two-bedroom apartment on the 19th floor of a 22-storey tower completed in 2020.

What is unit 1924 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in MAG 318 Tower sold for AED 2,000,000 to 2,800,000 in the last 12 months, around AED 2,068 per sqft.

Selling 1924? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1924, MAG 318 Tower

Starts from the last sale price (AED 2M, 18 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →